Affymetrix Stock Falls On Unusually High Volume (AFFX)

NEW YORK ( TheStreet) -- Affymetrix (Nasdaq: AFFX) is trading at unusually high volume Tuesday with 2.8 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down 24 cents (-4.5%) at $5.15 as of 12:05 p.m. ET.

Affymetrix has a market cap of $359.5 million and is part of the technology sector and electronics industry. Shares are up 24.4% year to date as of the close of trading on Monday.

Affymetrix, Inc. engages in the development, manufacture, sale, and servicing of consumables and systems for genetic analysis in the life sciences and clinical healthcare markets primarily in the United States, Europe, Japan.

TheStreet Ratings rates Affymetrix as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow and feeble growth in its earnings per share. You can view the full Affymetrix Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

null

More from Markets

Lowe's Snags Ex-Home Depot Exec as CEO; ISPs Face Competitive Threat -- ICYMI

Lowe's Snags Ex-Home Depot Exec as CEO; ISPs Face Competitive Threat -- ICYMI

Dow Slips 178 Points; S&P 500 and Nasdaq Also Decline

Dow Slips 178 Points; S&P 500 and Nasdaq Also Decline

Legal Weed Sales in California Are Off to a Less Than Smokin' Start

Legal Weed Sales in California Are Off to a Less Than Smokin' Start

Owner of Moviepass Sees Stock Plummet

Owner of Moviepass Sees Stock Plummet

Ford, GM Gain as China Slashes Auto Import Tariffs

Ford, GM Gain as China Slashes Auto Import Tariffs